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Zorluk: OrtaBasic Tools of Economic Analysis

An agricultural economist recorded the prices per bag of fertilizer (in thousands of Naira) across five regional markets as 12₦12, 15₦15, 18₦18, 21₦21, and 24₦24. What is the mean deviation of the fertilizer prices (in thousands of Naira)?

Cevap: 3.6 thousand Naira

Cevap

The mean deviation of the fertilizer prices is 3.63.6 thousand Naira.
The mean deviation is 3.63.6 because the arithmetic mean of the prices is 1818. The absolute differences of the data values from 1818 are 66, 33, 00, 33, and 66. The sum of these absolute deviations is 1818, and dividing by 55 observations yields 3.63.6.

Adım Adım Çözüm

1
Calculate the arithmetic mean (xˉ\bar{x}) of the data set
xˉ=12+15+18+21+245=905=18\bar{x} = \frac{12 + 15 + 18 + 21 + 24}{5} = \frac{90}{5} = 18
The arithmetic mean provides the central reference point required to evaluate individual deviations.
2
Determine the absolute deviation xxˉ|x - \bar{x}| for each value
1218=6|12 - 18| = 6, 1518=3|15 - 18| = 3, 1818=0|18 - 18| = 0, 2118=3|21 - 18| = 3, 2418=6|24 - 18| = 6
Mean deviation measures dispersion using absolute differences to prevent positive and negative deviations from canceling out.
3
Compute the average of the absolute deviations
\text{Mean Deviation} = \frac{6 + 3 + 0 + 3 + 6}{5} = \frac{18}{5} = 3.6
Dividing the sum of absolute deviations by the total number of observations gives the mean deviation.

Anahtar Kavram

Mean Deviation
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